The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1887-04-07
Let us Have a Boom. !"


The people of Lynchburg are consider |
ing suggestion of the press Of that city.
looking to the establishment of another |
iron furnace in that place. The activity
which has teen stirring the business in
terests of the South has reached the chill
city, and efforts are being industriously
put forth to catch the vibrations OF a
boom that they think is floating about.
This is commendable, and if the capital
lists of Lynchburg will bacA the wide.
awake newspapers published there. anoth-
er furnace will lie the result.
From every portion Of the South we
have indications Of unusual spirit and
venture in business. except in stanton
and the immediate Valley. We have eve
ry advantage that could be presented Tor
the establishment not only of furnace,
but rolling mill The ircn ores and the
manufactured iron. as we'll as the coke,
are in easy reach. we have competing
railroad lines centering here, and reaching
to every portion of The Union, by close
connections We have two admirable
sites, convenient TO water and the depots,
where plants could be located. The
vacant ground at the Chesapeake and
Ohio d apot is available at this time, and
we have the promise of the management
of that corporation to assist in any move
meat that our people may inaugurate FOL
th8 establishment of any kind of manu-
factory The old Fair Ground, belong
ing now to the Valley Railroad, could, no
dlubt, be secured on reasonable terms, fol-
the purpose of both a furnace and roll
ing mill. These sites adjoiQ tie depot
grounds, ard are admirably adapted fol
The purpose named. Either of them woulc
suit for both the projects suggested f; OF
one might be appropriated for II rolling
mill and the other for a furnace. The
important and essential question is, VIII
our people take hold OF the matter and di
rect their surplus capital in the channe
named +? The activity in the iron aDt
steel trade must necessarily continue lo
a number of years yet before reaction
comes The il gisiation OF Congress look
ing to sea coast defenses and the build
ing Of an adequate navy, gives assurance
of this. All The material that will ente
into these improl emcnts has to be O
American product The fact Of all appro
priasion TO commence them. is asSuranc
that each Congress will continue to ad
t. the sum until our defences are com
m ms urate with the dignity and securit
of the government. Millions will oe ded
icated To this purpose every year until tn
whole plan is consummated. The employ
ment thus given TO labor. and the stint
us 10 business, would affect railroad cor
struction, aud implicate, in time. all char
neIs of trade And where these condition
wopll exist. necessarily large demand
would be created for The prod of Iii
iron furnaces, for iron and steel ente
into almost everything. and the create
the activity in business the more assure
would be the market for iron and steel.
Why, then, with this prospect be
fore us, should not an eff )rt be made *
our people to share in the enterprise al
profit that would be created We hay
the location. the natural advantages an
the capital, if we would only so determine
AMI with these. there is nothing Wantin
bat the final resolve that we viii throw o
the lethargy and inanity which hang lib
nightmare over our energies. and sho
to the world that there is life in the oil
town yet. With two such industries {
VS. have named Il nucleus would be esta|
lished for manufact enterprises, an
in a short time We would see potulatio
coming in, property increasing in valu
trade enarging. and every avenue OF bus
ness stimulated into activity. A real bool
would be with us and Stanton come
the front as one of the live towns of III
SoatE.
Will the suggestion be acted or !? Wi
our business men take hold Of it and max
it a consummated fact? They can do
if they will.